Investment

Fincen and others say third parties are proving to be treasure chests for crooks who create synthetic identities, but aggregators argue they help detect risk banks can’t see.

She turned around troubled business units, rebounded after a demotion and beat cancer. Now Bank of America’s chief operations and technology officer is taking on her biggest challenge yet: ensuring AI is used responsibly.

Millennials hate bureaucracy but big banks aren't agile enough to meet the demand for fast service. That gives credit unions a big opening.

Visa is leaning more heavily on its Issuers’ Clearinghouse Service to help banks combat the rise of synthetic fraud, which it attributes in part to a security measure adopted by the Social Security Administration years ago.

Congress should consider acting quickly or companies could treat the Golden State's new data privacy restrictions as a national standard.

The U.K. charity sector is currently facing its biggest ever crisis of trust — with a recent survey conducted by the Charities Aid Foundation finding that the proportion of the general public who donate to charity has declined for the third year in a row — amid rising concerns about wastage and corruption.

Microsoft Corp., Mastercard Inc. and the Hewlett Foundation are funding a new organization that is planning to help dissidents and other vulnerable groups across the world defend against hackers.

Members of the House Financial Services Committee cited leveraged lending, cybersecurity and the switch to a new interest rate benchmark among potential systemic risks that keep them up at night.

Klar has completed two funding rounds — one for equity and one for debt — raising over $57 million in funding, including Santander’s InnoVentures as an equity investor.

Credit union priorities could take a back seat as Congress scrambles to pass a spending package to avoid a government shutdown. Here's a look at some of the proposals that could move forward.